Project risk, such as weather risk, is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.
Cambridge, MA, June 5, 2017 — Weather Build, Inc., Decision Support Solutions for the Construction Industry & Built Environment™, is excited to announce the release of new resources, including the six-part WeatherBuild Risk Management practice standards, project templates and management processes for your project weather risk management body of knowledge.
- Part 1 – Plan Weather Risk Management
- Part 2 – Identify Weather Risks
- Part 3 – Perform Qualitative Weather Risk Analysis
- Part 4 – Perform Quantitative Weather Risk Analysis
- Part 5 – Plan Weather Risk Responses
- Part 6 – Monitor and Control Weather Risks
The WeatherBuild Risk Management practice standards, project templates and management processes are based on generally accepted, industry standards for project risk management by the Project Management Institute (PMI) in the PMI PMBOK® Guide – Fourth Edition and by other leading risk management organizations for the construction industry and built environment and for weather and climatology.
Weather risk management is not an optional activity: it is essential to successful project management.
The PMI PMBOK® Guide – Fourth Edition highlights “Project Risk Management includes the processes concerned with conducting risk management planning, identification, analysis, responses, and monitoring and control on a project. Project risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives. Project objectives include scope, schedule, cost, and quality.”
Project stakeholders cannot control the weather, but can take control of its impacts and minimize its threats.
The objectives of weather risk management in the construction industry and built environment are two-fold: first, to increase the impact of positive weather events; and second, to decrease the impact of negative weather events in the project. Project stakeholders cannot control the weather, but can take control of its impacts and minimize its threats to successful project delivery.
Get access to WeatherBuild! Join the leading contractors, owners and operators that leverage the WeatherBuild Solution™ to increase productivity, enhance safety, and manage risk of weather events and schedule impacts. For more information, visit http://weatherbuild.co and https://weatherbuild.co/resources/#risk-management today!
About WeatherBuild
Headquartered in Cambridge, MA, WeatherBuild is a mobile-first, decision support solution that empowers contractors, owners and operators to improve situational awareness and make better-informed decisions about weather events, schedule impacts and probable outcomes.
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© 2017 Weather Build, Inc. All rights reserved. “WeatherBuild®” is a registered trademark of Weather Build, Inc. The WeatherBuild “W” logo and app icon, “WeatherBuild Notify™”, “WeatherBuild Enterprise™”, “Weather Controls™” and “Increase productivity. Enhance safety. Manage risk.™” are trademarks of Weather Build, Inc.
“PMI”, the PMI logo, “PMP”, the PMP logo, “PMBOK”, “PgMP”, “Project Management Journal”, “PM Network”, and the PMI Today logo are registered marks of Project Management Institute, Inc.
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